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Property profile & analytics
OFF-MARKET
Estimated value
$7,630,000
Office buildings
270 Saint Paul St Denver, CO 80206-5134
Entity Owned
~
Est. High Equity
Property ID
US13-0656137
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1998
Construction
WOOD
Total area
24,974 SF
Lot
0.43 ac (18,750 SF)
Zoning code
C-CCN-5
APN
05122-17-023-000
UPID
US13-0656137
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.35M
CAP Approach
CAP
$6.01M
Comparable Approach
Comparable
$8.54M
Blend (final)
Blend
$7.63M
Owner & transaction history
Fullys III INC
Fullys III INC
since 2025
5 recorded transactions
Zoning & alternative use
C-CCN-5 · Denver, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$10.2M
+59.8%
Auto repair, garage
$10.0M
+56.5%
Apartment house (5+ units)
$8.7M
+36.5%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Denver submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Denver submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$8,345,000
CAP Approach
CAP Return
Estimation
6%
$6,505,000
6.5%
$6,005,000
7%
$5,575,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$6,390,000
Current use
RESTAURANT
$10,215,000
Change: +60% · Conversion: Moderate
AUTO REPAIR, GARAGE
$10,005,000
Change: +57% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$8,720,000
Change: +36% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$8,105,000
Change: +27% · Conversion: Difficult
COMMERCIAL (GENERAL)
$8,085,000
Change: +26% · Conversion: Easy
RETAIL STORES
$8,030,000
Change: +26% · Conversion: Moderate
MEDICAL BUILDING
$7,585,000
Change: +19% · Conversion: Easy
Blend value · Realmo final
$7.63M
Range $6.87M – $8.39M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$306 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$302,094
Tax year 2023
Assessed value
$3,175,660
Assessed 2023
Previous assessed
$2,301,100
+38.0% YoY
Effective rate
9.51%
On assessed value
Assessed land
$2,476,490
Assessed improvement
$699,170
Land market value
$8,906,300
Improvement market value
$2,506,000
Total market value
$11,412,300
Applied tax rate
166.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1998
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Stories
3
Units
8
Total area
24,974 SF
Lot
0.43 ac (18,750 SF)
Zoning code
C-CCN-5
APN
05122-17-023-000
UPID
US13-0656137
Jurisdiction
DENVER
Zoning & alternative use
C-CCN-5 · Denver, CO
Zoning C-CCN-5 · permitted uses
C-CCN-5 · Denver, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Denver. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$6.4M
RESTAURANT
Est. value
$10.2M
AUTO REPAIR, GARAGE
Est. value
$10.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$8.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$8.1M
COMMERCIAL (GENERAL)
Est. value
$8.1M
RETAIL STORES
Est. value
$8.0M
MEDICAL BUILDING
Est. value
$7.6M
OFFICE BUILDING Current
RESTAURANT
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
RETAIL STORES
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1998
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
3
Units
8
Lot
0.43 ac
Current owner
From public records · entity-resolved
Fullys III INC
Entity
Mailing address
1125 17TH ST STE #2500, DENVER, CO 80202-2045
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 28, 2025
—
270 St Paul LLC
—
Deed
related
$10,000,000 · Midfirst Bank
Sep 4, 2025
—
Fullys III INC
Dibc 56th And E 470 LLC
Special Warranty Deed
—
Jul 22, 2022
$18,100,000
Dibc 56th And E A70 LLC
270 St Paul Office Partners LLC
Special Warranty Deed
—
Sep 5, 2003
$4,250,000
210 St Paul Street LLC
Auer,e R
Grant Deed
$3,187,500 · Guaranty Bank & Trust Co
—
—
270 St Paul Office Ptrs LLC
—
Deed Of Trust
related
$5,900,000 · Firstbank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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